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Re: Efficiency of the markets


I agree with you if you recognize that in addition to strong & competent,
need a LIMITED government, i.e., once rules are drawn up, the economy is
left essentially alone as long as they are followed.

>Privatization works best when there is strong and competent government and
>regulary structures. So pre-condition for privatization is institutional
>capacity building plus greater resources devoted to the government!!
>Mukul Asher

- manoj

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